Elite Gold Profit System is a catchy name that is sure to turn a few heads and get many people curious as to what the program is all about. Who wouldn’t want a few bars of gold to add to their retirement portfolio? I certainly would, but what do we get from this Binary Options System thats different to all the other “get rich quick” systems out there? Lets find out…
Product Review of Elite Gold Profit System
Product Name: Elite Gold Profit System
Cost: $250 deposit (Minimum)
Owner/s: Nigel Pearson
Rating: 1/10 ★☆☆☆☆☆☆☆☆☆
If you want to learn how to make real money online, read my top recommendation right here.
What is the Elite Gold Profit System?
To kick things off, I received an email from an HR Department confirming that I had been shortlisted for a job (that I never applied for). Luckily I’ve not needed to job hunt for a long time but if I was on the job market, you can see how this could have easily got me thinking whether I should apply.
This is how the email reads:
“Re: Your recent job application
We are glad to tell you that you have been selected
to be taken to the next stage of the employment process.
Follow the link below to learn what happens next.
==>> Click Here
Kind Regards
Human Resources Team”
I’ve removed the link from the email but if you were to click it you would be taken to a video and introduced to a person named Nigel Pearson, the supposed owner of Elite Gold Profit System, who explains that he has made fortunes for the wealthy and now wants to do the same for me and you. Should I be excited about this?
One of the ways Nigel tries to add substance to his story is by placing various pictures of celebrities like Beyonce and famous sportspeople like Roger Federer in a prominent section of the site but he never explains the purpose for this. Are these the wealthy people that he claims to have made millions for?
Nigel makes a few suggestions that this may be the case because the clients he claims to make money for are “the ones seen in movies and on T.V”. I’m not convinced.
Nigel uses another classic technique to hurry you along to the payment page, he explains that the system is available for a very limited period of a few minutes. After this window of opportunity, you then need to choose whether you want to sign up and start making heaps of money or miss out.
How Does The System Work?
Elite Gold Profit System is a binary options trading system. Binary Options are a method of trading and making potential profits from the movement in value of a range of commodities, stocks, assets, shares or Forex.
The customer testimonials for Elite Gold Profit System suggest that the system is making its members a profit of over 98% on trades. This almost sounds too good to be true.
So what makes Elite Gold Profit System better than the thousands of scams online? The system supposedly trades and takes advantage of the rapid price changes of gold.
The autotrader makes faster calculations than a person thus maximising potential profits by detecting price peaks and troughs. If this were true then I guess we’d all be millionaires.
Customer Testimonials
Below is a very happy member that claims to have made a lot of money using Elite Gold Profits System-
After signing up with your email address you are taken to another section that shows photos of members and figures of their profits (as illustrated below). Call it a bragging right or whatever you wish (but it’s not real)-
Despite all these claims of fortunes earned by various members, I wouldn’t recommend using Elite Gold Profit System. Here are my reasons why…
Why I Don’t Recommend the Elite Gold Profit System
Firstly, the proof provided is bogus. Most, if not all, of the customer testimonials are provided by paid actors or by the use of fake photos. Below is the earlier testimonial of our happy customer who turns out to be an actor that was paid to provide a convincing video testimonial claiming that he earned $22,000 of profit. His services can be hired from a site called Fiverr. I’ve gladly crossed him out 🙂
As for the photos of members bragging about their winnings, an image search on google reveals that the photos have been craftily obtained from a number of sites i.e. linkedin and wikipedia. For example the lady named “Sally Larkin”, in the earlier picture, is actually an actress named Julia Harari (see below). How can you trust a system that steals pictures from other sites and uses them to pose as their members?
Another reason to avoid Elite Gold Profit System is because of the broker that it uses. Ivory options is the name of the recommended broker and you need to be careful of them because they’re not regulated.
Ivory Options need a minimum of $500 deposit in your trading account before you can start placing trades. We’re told by the owners of Elite Gold Profit System that our deposit and profits can be withdrawn whenever we wish and that the deposit will be matched with a similar amount when our trading account has been set up. Upon closer inspection here is what I found out about Ivory Options Ts & Cs about withdrawals-
“In order to withdraw funds from an account that has been credited with a trading bonus, the trader will be required to execute a minimum trading volume of (bonus amount + Deposit) x 25”
The above terms put the odds against you as it means that any profits that you win are locked in your trading accounts until you’ve made a lot of trades, by which time your money will likely have been depleted.
The only Nigel Pearson I found was the famous English football manager and former professional player. I couldn’t find any software owner or CEO with the same name who deals with software or online trading.
Pros:
- Absolutely none. Not even a captivating video ( I usually get my popcorn out for the entertaining scam videos).
Cons:
- Fake Owner.
- Fake profit claims.
- Fake members.
- Paid actors to pose as members.
- Restrictive withdrawal of funds designed to lose you money.
Don’t Invest In This Scam
Elite Gold Profit System is definitely one of many binary options trading scams found online nowadays. It uses the classic tactics and there’s nothing unique about them. Walk away and don’t succumb to the attraction of gold or the big profit claims.
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